星期日, 九月 20, 2020
Home PV News Another Romanian oil company unveils solar plans

Another Romanian oil company unveils solar plans

Romanian petroleum transport services provider Conpet announced plans to install PV plants across five of its facilities. Initial investment will be limited to 3 million ROL ($680,000), but the group aims to create a renewable energy business unit under its 2020-2025 strategy.

Source:pv magazine

Romanian petroleum transport services provider Conpet has announced it will build small-scale solar power plants across five of its facilities in Călăreţi, Poiana Lacului, Cartojani, Bărbăteşti and Băicoi.

The projects are mentioned in the company’s new strategy for the period 2020-2050 and are expected to require a total investment of around 3 million ROL ($680,000). The installations are planned for self-consumption, with surplus power being injected into the grid under net metering rules.

The projects are also aimed at providing the company’s staff with the necessary know-how for the creation of a specific business unit, Conpet explained.

This month, other two Romanian oil companies – Romgaz and OMV Petrom – have separately unveiled plans to makes investments in the solar and renewable energy sector.

Last week, the Romanian government has also re-introduced long-term bilateral Power Purchase Agreements (PPAs) after banning them for almost eight years.

This new measure, along with commitment from Romanian big corporations, may revive the interest in the large-scale PV business in the country. Most of the 1.38 GW of solar installed in the country is represented by megawatt-sized PV plants built under the green certificate scheme launched in 2011 and, since this program was shut-down, the country saw almost zero growth in terms of new installations. Over the past four years, new PV additions totaled just 14 MW.

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